Responsys

This company ( MKTG) is a provider of on-demand software and professional services company engages in relationship marketing across the interactive channels. This stock is trading up 7% to $6.80 in recent trading.

Today's Range: $6.36-$6.96

52-Week Range: $5.75-$12.97

Volume: 503,000

Three-Month Average Volume: 360,440

From a technical perspective, MKTG is ripping to the upside here with above-average volume. This move is coming after shares of MKTG recently gapped down sharply from around $9 to its recent low of $5.75 with huge volume. Following that gap down, shares of MTKG have started to spike higher with the stock now trading at $6.80. That bounce is coming off oversold levels, since its current relative strength index (RSI) reading is 28.3. That bounce is also starting to push MTKG within range of triggering a near-term breakout trade.

Traders should now look for long-biased trades in MKTG once it manages to sustain a move or close above its gap down day high of $7.15 with volume that hits near or above 360,440 shares. If that breakout triggers soon, then look for MKTG to re-fill some of that previous gap that started near $9. This stock could fill that gap very quickly, so be ready to play this if $7.15 gets taken out with volume.

Bacterin International

This company ( BONE) develops, manufactures and markets biologics products to domestic and international markets. This stock is trading up 8.8% to $1.35 in recent trading.

Today's Range: $1.22-$1.40

52-Week Range: $1.10-$3.54

Volume: 236,000

Three-Month Average Volume: 144,154

From a technical perspective, BONE is bouncing strongly here right off some near-term support at $1.20 with above-average volume. This move is quickly pushing BONE within range of triggering a near-term breakout trade. That trade will hit once BONE manages to clear some near-term overhead resistance levels at $1.40 to $1.47 with high volume. At last check, BONE has hit an intraday high of $1.40 and volume is tracking in well above its three-month average action of 144,154 shares.

Traders should now look for long-biased trades in BONE once it sustains a move or close above those breakout levels with volume that hits near or above 144,154 shares If that breakout triggers soon, then BONE will set up to re-test or possibly take out its next major overhead resistance levels at $1.65 to $176. Any high-volume move above $1.76 will then put $1.82 to $1.89 into focus for BONE.

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